News Formal

Birkenstock Targets $9.2 Billion Valuation. It’s Another Test for the IPO Market.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

The premium footwear brand has priced its shares at between $44 and $49, and is aiming to raise up to $1.58 billion in its New York IPO.

Birkenstock, the German sandals maker, is seeking a valuation of up to $9.2 billion in its New York initial public offering.

The target valuation is greater than the $8 billion that Birkenstock was looking at last month, according to multiple reports. Goldman Sachs, JPMorgan, and Morgan Stanley are leading the banks on the deal.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US

United States United States Latest News, United States United States Headlines